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BriaCell Secures New Zealand Patent for Cancer Immunotherapy

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BriaCell Secures New Zealand Patent for Cancer Immunotherapy

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BriaCell Therapeutics ( (TSE:BCT) ) just unveiled an announcement.

BriaCell Therapeutics has been awarded a New Zealand patent for its whole-cell cancer immunotherapy technology, which is designed to enhance cancer treatment by matching patients based on their HLA allele profiles. This patent, valid until 2037, is a strategic step in BriaCell’s plan to expand its international patent portfolio, supporting the global development and commercialization of its immunotherapy platform across various cancer types.

The most recent analyst rating on (TSE:BCT) stock is a Buy with a C$225.00 price target. To see the full list of analyst forecasts on BriaCell Therapeutics stock, see the TSE:BCT Stock Forecast page.

Spark’s Take on TSE:BCT Stock

According to Spark, TipRanks’ AI Analyst, TSE:BCT is a Neutral.

BriaCell Therapeutics has a challenging financial position with no revenue and consistent losses, heavily impacting its stock score. Despite this, recent corporate developments in cancer treatment provide some potential upside. Technical indicators are mixed, and valuation concerns persist with a negative P/E ratio. The company’s reliance on external financing is a notable risk.

To see Spark’s full report on TSE:BCT stock, click here.

More about BriaCell Therapeutics

BriaCell Therapeutics Corp. is a clinical-stage biotechnology company focused on developing novel immunotherapies to transform cancer care. The company is committed to advancing precision medicine by personalizing immunotherapy treatments for improved patient outcomes.

Average Trading Volume: 26,003

Technical Sentiment Signal: Sell

Current Market Cap: C$19.31M

Learn more about BCT stock on TipRanks’ Stock Analysis page.

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